State Bank updates foreign exchange and exchange companies manuals

March 15, 2019

Karachi, March 15, 2019 (PPI-OT): State Bank of Pakistan has updated foreign exchange and exchange companies manuals to facilitate stakeholders including banks, exchange companies, B-category exchange companies, exporters, importers, travel agents and carriers. Updation of the manuals is done to provide related rules/regulations at one place to ensure compliance with them.

It may be recalled that since issuance of the two manuals in 2018, several changes/amendments in the foreign exchange rules/regulations have been announced through SBP’s circulars, circular letters and notifications. All these changes/amendments have now been incorporated in these manuals, which are available at SBP website.